Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [reimbursement]

41 questions
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Are miles driven for business deductible expenses if the travel expenses are reimbursed?

I completed some work for an organization. I was paid as an independent contractor and expect to be issued a 1099. For one part of the work, I was required to travel a significant distance (by car). For this expense they offered to reimburse me,…
nuggethead
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2 answers

HSA distributions and tracking receipts

During a presentation regarding HSAs I was informed the IRS can audit one for an indefinite period of time. The presenter suggested we keep records of our claims for 10+ years in paper form. This seemed to be overkill. If the IRS was to audit my HSA…
ngnewb
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1 answer

Accounting for reimbursements that exceed actual expenses

When I travel on business, my employer pays for my meals by reimbursing me at a statutory "per diem" rate. Often this exceeds the amount I actually spend on meals. How should I account for the excess in a double-entry accounting system? I use…
Nate Eldredge
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2 answers

Can a reimbursable medical expense be paid from an HSA?

Can a qualified medical expense for which the HSA account holder knows will be reimbursed by his insurance be paid from his HSA? If so, is the subsequent insurance reimbursement considered a Contribution to the HSA?
Jesse
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Car Accident - Can I get Cash/Check instead?

My vehicle (pick-up truck) was legally parked on a street and a car struck my truck and caused some damage to the body and bumper. When I called, the other driver's insurance company told me to take it to a collision repair center to get it fixed…
TheFrack
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In GnuCash, how can I create a line item in an invoice that uses an expense account as the transfer account instead of an income account?

I am a freelancer; some of my clients pay me as an employee and some as a contractor. I have separate expense accounts for expenses I incur as a contractor and as an employee because as an employee, unreimbursed expenses are not tax deductible. At…
Rena
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Is it possible to use HSA funds to cover a medical expense billed to a different insurance plan, which is not a HDHP?

Long time lurker, but I have a question that I'd like some help with. Earlier this year my contract/government job switched companies so I had to sign up for new benefits. Company 1's benefits were effective through 1/31/18, and Company 2's benefits…
Nosjack
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Can my former employer reimburse my FSA expense due to their error?

Ok, so this is a bit convoluted. To be clear, this is not a "use it or lose it" question, nor is it a question of overspending contributed amounts before leaving (I'm well aware of how all that works). I left my previous job in March of this year,…
justbeez
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3 answers

HSA - Date Expense Incurred - Multiple Dates

I have a bill from my doctor for 2 services, one was performed in January and the other was in March. I have had my HSA for several years and these are qualified medical expenses. Since I have a single bill for that is my receipt for services…
Dan the Man
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1 answer

Reimbursement from insurance after FSA reimbursement received

A couple months ago, I had a dental appointment and, since my dentist is not in-network, I had a substantial bill. I submitted this expense to my flex spending account (FSA) for reimbursement, and I was reimbursed in full. A few weeks later,…
AugerAlpha
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Cannot be reimbursed by commuter benefit FSA after being let go?

I spoke with support for the commuter benefits card that I was using with my prior employer. I have until June 30th to request these funds to be reimbursed as is typical with an FSA. When I applied for reimbursement I was told that if an employee…
Scott Skiles
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Buying goods from the US in a business based in France: the business refuses to remove the VAT. Can I get the VAT reimbursed?

I live in California, USA. I plan to purchase ~500 EUR worth of goods by phone from a French business that will send me the goods by mail. I am aware that the business may choose not to charge me VAT, since I live outside the European Union.…
Franck Dernoncourt
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Do I file an amended tax return if I repay tuition assistance (after filing my return) that my employer provided in 2017?

I am paying back $24,500 in tuition assistance that I received in 2017. The first $5xxx-something was untaxed but the remainder showed up on my 2017 W2 as income. Now that I'm repaying it, I'm expecting to file an amended 2017 return once I make my…
Brian R
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Are employer gym reimbursement benefits taxable?

My employer reimburses me for up to $50/month for a gym membership. When I put in an expense report, they give me a $50 check. There is no tax withheld. Do I need to report this as taxable income?
David
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Health Savings Account Insurance Reimbursement

I have an HSA for my HDHP to which I contribute the maximum IRS allowed pre-tax amount every year to save up for future medical expenses. Last year (2014), I had my wisdom teeth removed, and the cost of the operation was going to be around $2,000.…
StephenH
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